Pareto Up and Running

February 2012

Pareto proudly announces first successful meeting of creditors.

The first potential IVA case was identified mid-January 2012. Due to our experience from working with other Insolvency Practitioners, we were expecting to announce the Meeting of Creditors (MOC) date for this particular case for somewhere in Mid-March. We actually managed to set the meeting on 15th February.

Since that date, we have maintained an average success time of five weeks from initial enquiry to MOC. This is not only due to our experience in Debt Management and document collection, but also as a result of the relationships with creditors already established by 123 Debt Solutions which also helps to speed up the process.